THE MONEY SYSTEM

Wanganui Chronicle, Volume 83, Issue 55, 7 March 1939, Page 7

THE MONEY SYSTEM

MR. SAVAGE’S STATEMENT COMMENT BY LEADER OF OPPOSITION f Per Prei4 Aatociation.] PALMERSTON N., March 6. “How can the people of New Zealand maintain any confidence in the Government when day after day the Prime Minister or some of his colleagues make statements obviously aimed to contuse the public mind and camouflage the aimless drifting and culpable negligence of their stewardship of the interests of all sections j>f the peoples?” stated the Leader of the Opposition, Hon. A. Hamilton, to-night concerning Mr. Savage's remarks about a change in the money system. "No explanation can excuse the Labour Government for confusing the electors by misrepresentations of the financial position of the Dominion during the year prior to the election in November last. To retain office the Government practised tactics of deception,” Mr. Hamilton added. “Whether Mr. Savage finds words in the language of his 'propaganda of confusion' to further bewilder audiences into believing that he is- a money magician matters little in the ultimate, as the day when the audiences will realise that the whole performance fundamentally is a deception is approaching more rapidly than Mr. Savage's self-satisfaction would suggest and the experience will be sufficiently cruel to make people regret having paid high prices to see the show. It is not the money system that is wrong, but the Government’s handling of it. In plain fact, the Government has lived beyond its means and has to call a halt. Labour itself commenced tightening the belts of the people before Christmas and more and more will receive the order to do so. That is Labour justice and this is the same Mr. Savage who, in the House in 1935, when asked if Labour wanted to manage the banking system, replied, 'We are not mad enough for anything like that.’ Thousands of people who have savings invested in New Zealand have a right to demand an explanation of this threat. If Mr. Savage will not answer this question he must be convicted of hypocritical talk. Mr. Savage cannot have the confidence of one person in the Dominion who has savings or investments until he is candid about the details of his money system plans.”